Consolidated Revenue Fund

May 1, 2017

Privatize Crown Corporations is a Myth

Summary Privatize Crown corporations is a myth. This is because shareholders in the so-called private sector are not investing with their private property. Shareholders are Income Tax Act “officers” investing with Canada’s “public money“. This would include shares held, monies borrowed to buy shares, and all dividends received by shareholders. […]
March 17, 2017

Fair Share of Income Tax – Did Trump Pay It?

Summary Donald Trump’s 2005 tax return shows him paying a 25% income tax rate. Some say he is not paying his fair share. But what percentage is fair? In 1941, Roosevelt raised the top marginal US income tax rate to 100%. Is that enough for being a fair share? And […]
March 11, 2017

Uninformed Consent Means Canada’s Income Tax is Financial Rape

Summary Uninformed consent is how Canadian income tax works. The tax laws deem you consent your paycheques (income) belong to Canada1. Deeming means your silence is consent. This also means paying income tax. Canada has deliberately obfuscated it’s tax laws. Even tax professionals admit they cannot fully understand them. The […]
February 11, 2017

Deem – How Canada’s Laws Presume You Guilty

Summary Deem is a powerful word in law. TV and movies deem people innocent until proven guilty. That applies mainly to criminal matters. In civil (non-criminal) matters, Canadian law can deem you guilty until you prove otherwise [ref] The legal term is “reverse onus”.[/ref]. An example could be not reporting […]
January 31, 2017

A Privilege Access Fee – Is That Income Tax?

Summary A privilege access fee for accessing Canada Pension Plan and income tax related benefits from an office is what Canada’s income tax seems to be. Offices have certain privileges, powers, and duties. (If they did not, then there is no point in holding any office1). Income tax cannot be […]